Accounting and Bookkeeping for Concord

About Accounting and Bookkeeping for Concord

The Accounting and Bookkeeping module for Concord CRM adds a complete accounting layer to the CRM your team already runs on: chart of accounts, journal entries, expenses, vendor bills, payments, bank accounts, bank transaction import, bank reconciliation, budgets, multi-currency and financial reports. Manage day-to-day bookkeeping and get clear financial insight without ever leaving Concord CRM.

Built natively for Concord CRM, the module integrates with your existing workflows and can generate automatic journal entries for key operations when you want it to, while still giving your accountant full control through manual entries, posting and voiding, and audit-friendly records.

Why add accounting and bookkeeping to Concord CRM

Running CRM and accounting in separate tools usually creates duplicated work, missing context and inconsistent numbers. This module brings bookkeeping closer to your operations: record expenses, manage payables, reconcile bank activity and produce financial reports directly where your team already works. Your operational data and your financial data finally live in one place.

Key features

Chart of accounts (general ledger)

Create a structured chart of accounts with account codes, account types (assets, liabilities, equity, revenue, expenses) and hierarchical parent/child organization. It keeps a clean general-ledger foundation for accurate reporting and bookkeeping that scales with the business.

Journal entries (manual, draft / posted / void)

Record multi-line debit and credit entries, save them as drafts, post them when ready, or void them when needed. Every line supports account selection and a description, so you keep a clear audit trail at all times.

Expenses, categories and receipts

Track expenses with categories mapped to GL accounts, along with vendors, taxes, payment accounts and optional receipt files. Auto-numbering (for example EXP-) keeps records organized and easy to find.

Vendor bills (accounts payable)

Manage vendor bills with due dates, statuses, totals and payment tracking. The workflow is designed for real accounts-payable use, so you always know what you owe and what is overdue.

Payments (received and made)

Record payments with references and numbering (for example PAY-), link them to invoices and bills where applicable, and keep your books aligned with actual cash movement.

Bank accounts and bank transaction import

Create bank accounts - checking, savings or credit card - with currency support, then import bank statements via CSV using flexible column mapping. A sample CSV format is included to help you get started quickly.

Bank reconciliation (match, auto-match, reconcile)

Match imported bank transactions to book entries, reconcile and unreconcile, and keep your ledger aligned with your statements. It reduces month-end reconciliation time and improves accuracy.

Budgets and budget vs actual

Create budgets by account and period, then compare planned against actual performance with a clear budget-vs-actual report. Ideal for teams that want predictable spending and tighter control.

Multi-currency and exchange rates

Maintain exchange rates and convert amounts when needed - perfect for businesses working with international vendors, clients or multiple bank accounts.

Financial reports

Generate the key financial reports directly inside Concord CRM:

• Profit and Loss
• Balance Sheet
• Trial Balance
• General Ledger
• Cash Flow
• A/R Aging and A/P Aging
• Tax Summary, and more

Smart automations and scheduled jobs

Optional automation can generate journal entries for common workflows - expenses, bills, payments, bank transactions, invoices and assets. Scheduled tasks can process recurring entries, update overdue bills and recalculate balances, so the routine work keeps itself current.

Seamless integration (invoices and assets)

The module is designed to integrate with your existing Concord CRM ecosystem, including invoice flows (A/R and revenue entries) and asset workflows (purchase, depreciation, maintenance and liquidation).

Central settings and configuration

Configure your fiscal year, default currency, tax rates, default accounts, number prefixes (JE-, EXP-, BILL-, PAY-) and automation behavior from dedicated settings pages.

Who this module is for

• Small and medium businesses replacing spreadsheets and disconnected tools with structured bookkeeping inside Concord CRM.
• Agencies and service companies that want invoices, payments and reporting close to their operational data.
• Companies managing payables tracking vendor bills, due dates, payments and A/P aging in one place.
• Teams that need reconciliation, importing bank statements, matching transactions and speeding up month-end close.

What’s included at a glance

• Accounting dashboard with key summaries
• Chart of accounts (GL) with hierarchy and account types
• Manual journal entries with multi-line debit/credit and a posting workflow
• Expenses with categories, vendors, tax and receipt attachments
• Vendor bills (A/P) with due dates and overdue tracking
• Payments (received and made) with references and numbering
• Bank accounts with currency support
• CSV bank statement import with flexible mapping
• Bank reconciliation (match / auto-match / reconcile)
• Budgets with budget-vs-actual reporting
• Multi-currency with exchange rates and conversion
• Financial reports: P&L, Balance Sheet, Trial Balance, General Ledger, Cash Flow, Aging, Tax Summary
• Optional automations and scheduled jobs (recurring entries, depreciation, balances)
• Integrated with Concord CRM workflows (invoices and assets)

Upgrade Concord CRM into a finance-ready platform

If you want a clean, practical accounting layer inside your CRM, this module gives you the essentials to record, reconcile and report with confidence. Setup takes only a few minutes: install, configure your chart of accounts, and start tracking financial activity immediately.